10 March 2023

Listen: Higher for longer

In this podcast, ING's James Knightley, Carsten Brzeski and James Smith discuss where interest rates may be heading in the US, Europe and UK while Chris Turner explains what this could mean for global markets

Federal Reserve Chair Jerome Powell cautioned this week that the central bank may need to raise interest rates higher and faster than expected to tame inflation. European Central Bank member Robert Holzmann has called for another four rate hikes of 50bp a piece while in the UK, Bank of England policymaker Catherine Mann has also signalled further tightening ahead. In this podcast, ING's Chris Turner, Carsten Brzeski, James Knightley and James Smith reflect on this hawkish commentary and discuss what it means for monetary policy, economic growth and global markets.

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